The U.S. Federal Aviation Administration plans to test next month how pilots with around one year of experience flying Boeing 737 jets handle new software on the MAX model, four sources with knowledge of the matter said.
U.S. Transportation Secretary Elaine Chao on Thursday named 22 people to a new panel that will advise the department on aviation safety oversight and certification programs as the Federal Aviation Administration continues to grapple with the fallout from two fatal Boeing 737 MAX crashes.
WASHINGTON: Attorneys general from 50 U.S. states and the District of Columbia will announce on Thursday they are joining forces with major telecommunications providers, including AT&T Inc, Verizon Communications Inc, Comcast Corp, Sprint Corp and T-Mobile Us Inc, to crack down on unwanted ...
The U.S. Federal Reserve wanted to do two things when it cut rates for the first time in a decade last month: Support the economy and spark inflation expectations.
German industrial group Thyssenkrupp is in talks to buy metals trader Kloeckner & Co in a move to strengthen its steel business, Handelsblatt reported on Thursday citing sources familiar with the matter.
Wells Fargo & Co will pay the Navajo Nation US$6.5 million to settle a lawsuit over "predatory and unlawful practices" by the bank, the Native American tribe said on Thursday.
LONDON: European stock markets softened on Thursday (Aug 22) as investors avoided risk on the eve of a speech by Federal Reserve head Jerome Powell, hotly anticipated for clues on the interest rate outlook. The British pound, meanwhile, gained on optimism that an orderly Brexit may yet be on...
China's embassy in Canada said on Thursday that bilateral ties were suffering "gross difficulties," and demanded Ottawa free Huawei Technologies Co Ltd Chief Financial Officer Meng Wanzhou.
Boeing Co has told suppliers it will resume production of its best-selling 737 jets at a rate of 52 aircraft per month in February 2020, then stepping up to a record 57 jets monthly in June, three people familiar with the matter told Reuters.
Federal Reserve Chair Jerome Powell comes to this year's meeting of central bankers in Jackson Hole, Wyoming, caught between discord within the U.S. central bank over appropriate monetary policy and mounting outside pressure for more interest rate cuts.
